MonthDecember 2018

How to get Inpdap loans

 

Inpdap loans represent credit formulas presented on advantageous terms, intended for public employees or pensioners.

inpdap loans

Characteristics and types of Inpdap loans

It is good to underline that the Inpdap no longer exists ; in fact, thanks to the approval of the Save Italy Decree, the transfer of its functions to the Inps was arranged, which represents the point of reference for former Inpdap members .

What distinguishes Inpdap loans is the status of products at favorable conditions; they can be provided by INPS or by the credit institutions that have signed agreements with the social security institution. Furthermore, the applicant must be enrolled in the Public Employee Management.

The structuring of the offer is based in particular on three products :

  • small loans , a resource to be used for everyday needs;
  • direct multi-year loans ;
  • multi-year guaranteed loans .

Characteristics and types of Inpdap loans

Small loans

The small loans allow the applicant access to a credit solution that allows them to support contingencies and urgencies. Repayment plans change from a minimum of one to a maximum of four years: 12 to 48 installments. No expense documentation is required; instead, the amounts agreed vary according to the duration of the loan and the credit profile of the applicant.

The minimum loan corresponds to a net salary or monthly salary of the employee; on the other hand, the maximum figure is reached by means of four-year loans granted to those who have no further deductions in progress for assignments of one-fifth of salary. In this case it is possible to obtain up to 8 months.

The interest rates that are applied respect some parameters:

  • nominal annual interest rate: 4.25%;
  • risk fund premium;
  • administration fees: 0.50%.

Direct multi-year Inpdap loans

With the choice of direct multi-year loans it is possible to access a loan for personal or family needs that must be documented .

The repayment terms are two: 5 or 10 years, which respectively provide for 60 or 120 monthly installments. The beneficiaries must have 4 years of service and must be registered in the Unitary Management of credit and social services .

The taxpayer’s contract must be indefinitely; otherwise, if the student has a fixed-term contract, not less than 3 years, he / she will be able to enjoy the loan, but the installments must be settled before the end of the employment relationship and must also use the severance pay to ensure financing.

Guaranteed multi-year loans Inpdap

Among the various offers there are also long-term loans guaranteed: this is a loan guaranteed by INPS Management of Public Employees to face risks , such as the death of the member before the extinction of the assignment, the termination of service without using the pension entitlement, the decrease in the salary of the transferor.

As in the previous case, five-year or 10-year repayment plans will be issued. The amount of the installment, however, can not exceed one fifth of the net monthly salary. Furthermore, the applicant must be in service activities for at least 4 years.

No expense documentation is required; instead, a medical certification is required that certifies a healthy constitution. With regard to the interest rate, it is not possible to give an exact estimate because it is a loan granted by credit institutions and also by financial companies.

In any case, the paying agencies must clearly and explicitly indicate the Taeg. Depending on the information provided by the INPS, it should be noted that in relation to the gross amount of the concession it is necessary to keep in mind:

  • 0.50% for INPS administration costs;
  • interests and administrative expenses of lenders;
  • Compensation premium for insolvency risk which corresponds to 1.5% for 5-year loans and 3% for 10-year loans.

How to apply for an Inpdap loan

In order to apply for an Inpdap loan, simply go to the official website of the Institute to check the section on the forms . After completing the application , you must present it to the competent provincial or territorial office . There is no documentation for the expense, nor for the production of reasons.

This particular type of loan can be repaid in 12, 24, 36 or 48 installments by repayment in cash or by direct debit to the bank or postal account of the applicant who is a worker or pensioner.

The Inpdap provides, therefore, a series of credit solutions designed for state employees or for pensioners at favorable conditions compared to other types of loans, offering a possible choice between the different types that are part of this particular financial formula.

Loans types and requirements

 

Mass media often launch advertisements related to BancoPosta loans , which include a wide range of loans designed for the various needs.

bank loan

Characteristics of the Bancoposta loan

With the BancoPosta Loan you can obtain loans of between € 2,000 and € 30,000 repayable through a repayment plan that can have a duration of 12 to 84 months. For access to the product there are some requirements :

  • residence in Italy;
  • income from work or pension produced in Italy and also demonstrable.

The procedure for granting this personal loan is very simple: you need to go to a post office and present a valid identity document, a health card and a document certifying your income.

Once the request has been approved, the amount may be disbursed in various ways, credited to the Bancoposta account or credited to PostePay Evolution, but also in cash to the post office for an amount not exceeding 10,000 euros or with credit on the postal booklet and finally , with credit on the current account of other entities if you are not a BancoPosta customer.

The reimbursement, instead, takes place through monthly debits on the current account or PostePay Evolution or through the classic postal slips.

Characteristics of the Bancoposta loan

The BancoPosta Flexible loan

The BancoPosta Flexible loan is also part of the BancoPosta loans category ; it is a loan that adapts to the different needs of the customer, which allows the possibility to make changes to the amount of the installment or to move it to the conclusion of the loan.

It is possible to apply for loans from 3,000 to 30,000 euros with a duration of 12 to 84 months with the possibility of extension up to 108 months.

The requirements to apply for this loan are the same as those provided for the Bancoposta loan, but in this case it is necessary to hold a BancoPosta account or a postal booklet.

The procedure is conducted at post offices, with the presentation of a valid identity document, a health card and a document to prove income. If the loan is granted, the amount will be disbursed by direct crediting to the BancoPosta account or to another current account or postal account. The holders of the Bancoposta account have the possibility to request the extension up to 108 months with the option of change or jump installment; the monthly payment is made by direct debit to the current account.

The BancoPosta Consolidation Loan

Bancoposta Consolidamento loan is designed to simplify the maturities of loans in a single monthly commitment, also having the extra cash to finance a new project. You can have amounts from 3,000 to 50,000 euros with a relative duration of 36 to 96 months.

Also in this case the requirements are the same; the amount is paid in a single payment by crediting the applicant’s BancoPosta account, while the monthly fixed installments are debited.

Bancoposta loan to renovate or buy a home

BancoPosta account holders wishing to renew or buy a house can apply for the BancoPosta Restructuring Home loan , for an amount not exceeding € 60,000.

This loan can also be used to buy solar or photovoltaic panels, or large appliances and furniture. This loan has a duration of 36 to 120 months.

The requirements are the same as those envisaged for other Bancoposta loans with the addition of cost estimates or order form . The payment of the sum takes place in a single solution by crediting to the BancoPosta account, while the repayment is made by charging the fixed monthly installments.

The BancoPosta Purchase House Loan , on the other hand, is the type of loan for those who want to buy a house, or a garage or a cellar. The amount obtainable goes from 10,000 to 60,000 euros and is expected to last between 36 and 120 months. Also in this case the requirements are the same ; instead, to generic documents such as identity card, health card and income , the compromise registered or the deed of purchase is added . The sum is paid in a single payment by crediting to the BancoPosta account and the reimbursement is made through the payment of the monthly fixed installments.

Mini BancoPosta Loan

Mini Loan Bancoposta is a minimum amount loan that can be requested by the holders of PostePay Evolution Card. It is possible to have 1,000, 2,000 or 3,000 euros, with a refund in 22 months. For access to this product you need the following requirements :

  • ownership of a PostePay Evolution Card with an age between 18 and 70 years at the request;
  • presentation of a valid identity document, income certification, health card.

Delivery is done on the PostePay Evolution Card; the charge of the fixed monthly installments, instead, can take place on the Card, but also on the postal current account.